Curing the financial crisis

Article | Accountability Insights

by Partners In Leadership | May 19, 2009

We are in the middle of a financial crisis, both on Wall Street and on Main Street, and amidst this time of economic uncertainty there is one key element that is missing: Accountability. Who is accountable for this crisis? Who is going to fix this? How did this happen?

We are in the middle of a financial crisis, both on Wall Street and on Main Street, and amidst this time of economic uncertainty there is one key element that is missing: Accountability.  Who is accountable for this crisis?  Who is going to fix this?  How did this happen?

In our book, “The Oz Principle,” we define accountability as the following, “A personal choice to rise above one’s circumstances and demonstrate the ownership necessary for achieving desired results—to See It, Own It, Solve It, and Do It.”

Over the past 20 years we have trained over 700 clients in 56 countries, and have seen first hand the power of accountability.  We know that accountability can help revitalize the business character, strengthen the global competitiveness of corporations, heighten innovation, improve the quality of products and services produced by companies worldwide, and increase the responsiveness of organizations to the needs and wants of customers and constituents worldwide.

We would not be in the financial crisis we are in today, if people would have been more accountable.  Now we could sit here all day and play the blame game, or we could do something about it.  We propose that you do something about it and move forward learning from the past, living in the present, and preparing for the future; a future with accountability.

Partners In Leadership

Partners In Leadership